Business Story

Why this business was started

I started this business because I'm a passionate dropshipper who always looks for trending products. I like dealing with customers and taking care of them. I'm also passionate about jewelry, that is the reason why I decided to start a store related to this niche.

The reason of selling this business

The reason why I decided to sell this store is because I've reached the goal that I set when I first created the website (over $10k in a month). But the main reason is because I have 2 other stores to take care of, so I don't have enough time to take of this store now. I didn't want to close the store because I dedicated a lot of my time to accomplish this, so I want to sell the store to someone who's as dedicated as I was to pursue the scaling of this store since it has a lot of potential.

What's involved in running this business

Running this business involves multiple different things. Being organized is key. I do daily researches about new trending product that could fit in my store. Always answering my customers' emails. Order fulfillment, when I have lot of orders, I directly contact the supplier and send him the XLS file of the orders. Managing ads through Facebook, scheduling posts with instagram influencers. All of this is part of my daily routine of managing the store.

Time to run this business:approximately 30 hours per week

Traffic and Performance

Avg. Revenue /month

$9,406USD

Verified

Avg. Sessions /month17,889Verified

Avg. Profit /month

$6,000USD

Profit Margin39%

Avg. Sales /month650

Total revenue

$18,811USD

Revenue data comes directly from Shopify and cannot be edited by the seller

Total traffic

35,778Sessions

Traffic data comes directly from Shopify and cannot be edited by the seller

Expenses

Shopify plan

$30USD

/month

Domain

$1.17USD

/month

Paid apps

$130USD

/month

Facebook

$500USD

/month

Instagram influencers

$3,000USD

/month

Sale Includes

Physical inventory

Not Included

Logo and branding assets

Logo is already on the store and in its files.

Personal support after sale

I can provide a week of personal assistance after sales. This includes marketing strategies, how to run the store, finding the good products...

Domain

Product photos

Product photos are already included in the store's files.

Suppliers

Not Included

Social Media

Total followers70,000subscribers

Mailing list1,500subscribers

Seller‘s Advice

How to grow this business

I wasn't selling this store I would continue what I already do which is looking for new trending product, scale with facebook ads and influencers shoutouts. Probably think about branding the website once I've reached a certain level of notoriety.

Skills to have

The next owner of this website should be updated and have knowledge of dropshipping. A minimum marketing skills are required to continue running facebook ads and instagram shoutouts.

Why request information

Verified listing data

The revenue and traffic data that you see on each listing is pulled directly from its Shopify account. This means that the data has been verified. Exchange reviews and monitors listings for thorough and accurate information.

Secure messaging platform

You will be able to communicate with sellers via a secure messaging platform. After you log in and request information from a listing, sellers are notified and have the ability to respond. When you are ready, you can make an offer.

Encrypted payment capture

Exchange and Escrow.com have partnered together to provide you with safe transactions that have bank encryption, making sure that payment is securely captured. Escrow.com ensures that its users pass verification checks before transactions can proceed.

Take time to inspect the business

Once you submit payment to Escrow.com and the payment has been secured, the funds are held until you confirm that all assets received are as negotiated. You can use the inspection period to ask the seller any extra questions about the business.

Safe store transfer

When the transaction is finalized, the dedicated migration team at Exchange will begin the process of making you the new owner of the store. Buyers and sellers will be notified via an email from the Exchange team once store transfers have been completed.

Post-purchase 24/7 Shopify support

Once you log into your Shopify account for the first time and choose a subscription plan, Shopify Support Gurus are available 24/7 to help you with the settings of the store.